hep global GmbH / DE000A3H3JV5

hep solar makes good progress in the USA: Perendale solar park already completed; construction of the Dill and McDowell solar parks expected to start in September

hep global GmbH / Key word(s): Miscellaneous


23.07.2024 / 13:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Güglingen, 23 July 2024 – The solar specialist hep solar is making good progress with its solar projects in America: The Perendale solar project in Mocksville, North Carolina, has been completed. In addition, preparations for the two parks Dill and McDowell, also located in North Carolina, are going according to plan. Construction of both projects is expected to begin in September. The Perendale solar park, a project managed by hep Kapitalverwaltungsgesellschaft (KVG), has recently been completed and has been connected to the power grid on a trial basis. Almost 18,200 modules will have a future capacity of around 9.8 MWp (DC). The customer for the electricity produced will be Energy United, a large electricity cooperative in North Carolina. Preparations on schedule at the Dill and McDowell solar parks  Also located in the Piedmont region of North Carolina are the solar parks Dill with a capacity of around 13.3 MWp (DC) and McDowell with a capacity of around 2.5 MWp (DC). Construction work on both projects is expected to begin in September and should take around 15 months for Dill and around 11 months for McDowell. Piedmont region in North Carolina with ideal conditions for solar parks The Piedmont region has special climatic advantages and ideal conditions for the construction of solar parks. The Appalachian Mountains in the west form a protective shield against winter storms and thus ensure a temperate climate, while the coastal region of North Carolina in the east mitigates the weather influences of the Atlantic. Between Charlotte and Greensboro, the Piedmont runs between 200 and 270 meters above sea level. Despite the warm and temperate climate, the region offers an exceptional amount of sunshine with an average of eight hours of sunshine per day. The sun shines more than seven hours a day for two thirds of the year.

hep solar
hep solar is a specialist for solar investments and solar parks. The owner-managed family business from Baden-Württemberg develops, builds, operates and finances solar parks all over the world, but especially in Germany, Japan and North America. For over 15 years, hep solar has been combining know-how in the operational management of solar parks with a high level of expertise in the financial sector. The company covers the entire solar energy value chain: from project development and construction to long-term operation. Through international solar investments, hep solar offers investors the opportunity to participate in the global expansion of solar energy. hep solar employs around 200 people worldwide with offices in Germany, Japan, the USA and Canada.

Press contact:
Evelyn Kilinc
Römerstraße 3
D-74363 Güglingen
Phone:  [phone]
Email: [e-mail]
www.hep.global

Investor contact:
Thomas Tschirf
Römerstraße 3
D-74363 Güglingen
Phone: [phone]
Email: [e-mail]
www.hep.global

Financial press contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
Haidelweg 48
D-81241 Munich
Phone: [phone]
Email: [e-mail]
www.linkmarketservices.eu

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23.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	hep global GmbH
	Römerstraße 3
	74363 Güglingen
	Germany
Phone:	[phone] - 0
E-mail:	[e-mail]
Internet:	www.hep.global
ISIN:	DE000A3H3JV5, DE000A351488
WKN:	A3H3JV, A35148
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1952127

End of News	EQS News Service

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1952127  23.07.2024 CET/CEST